Fiat ready "swallowed" Chrysler

                                                                         - Fiat Group claims to have enough money to buy all the remaining shares of Chrysler.
According to new information is given, the famous Chrysler of the United States will soon become a brand of the Fiat Group from Italy. Page private GTSpirit to know, Italy's biggest car corporations have enough money to buy all the remaining shares of Chrysler.
Currently, Fiat owns 58.5% stake in Chrysler. Meanwhile, the United Auto Workers union (UAW) or the Association of VEBA holds the remaining 41.5% stake.
Himself Sergio Merchionne, CEO of Fiat Group, has confirmed information. Said Merchionne, if agreement is reached with the VEBA to buy the remaining shares, Fiat is willing to pay immediately.He Merchionne still believe Chrysler will compensate for the loss of 700 million euros last year in the European market. So far, Fiat has good news when profits up 1.6% in the month of 3/2013.
 

Fiat plans earned profits of 4.5 billion euros in 2013 from 3.81 billion euros last year. Italian car group hopes the arrival of the new Alfa Romeo 4C will help their sales growth, particularly in the U.S. market.
He Merchionne confirmed agreement between Fiat and Chrysler will be completed by 6/2014. This is also the time to mark his 10 years Merchionne role of chief executive of the Fiat Group.
Prior to that, he Merchionne also declined an offer to buy Alfa Romeo brands of the Volkswagen Group from Germany. Said Merchionne, Fiat may sell shares of the subsidiary Magneti Marelli car accessories manufacturer. However, they do not want to sell Alfa Romeo or Ferrari. Even Mr. Merchionne also emphasizes the Ferrari brand is not for sale.